RULES AND REGULATIONS DEGREE PROGRAM. MASTER OF SCIENCE IN MANAGEMENT (full-time)

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1 RULES AND REGULATIONS DEGREE PROGRAM MASTER OF SCIENCE IN MANAGEMENT (full-time) Every student is expected to be familiar with the rules and regulations. If a student wishes to be exempted from a particular rule or regulation, then he or she must seek permission from the Exam Committee. This does not apply where the Rules & Regulations require students to seek permission from Program Management or the Instructor. CHAPTER 1 MASTER OF SCIENCE IN MANAGEMENT PROGRAM Introduction The aim of the MSc in Management ( MSc for short) Program is to obtain sufficient knowledge, skills and insight into the subject matter being studied to enable a graduate to hold a management position at an academic level. A fixed time-fixed quality feature characterizes the MSc Program, which means that the successful completion of the Program needs to occur within the time allotted. In order to qualify for the Master of Science degree, a student needs to obtain a passing grade for each course during the Program. The MSc Program is comprised of a Pre-Master s (4 months) and a Master s (12 months). At the end of the MSc Pre-Master s Program, a student must choose one of the three areas (tracks): International Management (IM), Marketing Management (MM), or Financial Management (FM).

2 Curriculum The curriculum 1 of the MSc in Management Program consists of the following courses, study hours, study load in European Credits according to the European Credits Transfer System (ECTS 2 ) and, for international transcript purposes, the number of Grade Point Average (GPA 3 ) credits allotted to each course of the MSc Master s Program (see also Chapter 3: Grading). The first two blocks are equal for the IM, MM and FM tracks. ECTS MSc in Management Study hours MSc Pre-Master s Program Block 1 Managerial Economics 84 3 Marketing Strategy 84 3 Introduction to Statistics & Quantitative Methods in Business 84 3 Financial Accounting 84 3 Block 2 Operations Management 84 3 Business Strategy 84 3 Organizational Behavior & Academic Writing Skills I 96 3,5 Foundations of Finance 84 3 All Blocks MSc Pre-Master s Program Fit for Management 42 1,5 Global Citizenship * * Total Pre-Master Subject to change 2 28 study hours is equivalent to 1 ECTS 3 37,5 study hours is equivalent to 1 credit in the GPA system - 2 -

3 Study ECTS GPA credits MSc in International Management hours MSc Master s Program Block 3 Marketing Implementation ,25 International Economic Environment ,25 Managerial Accounting ,25 Statistics & Quantitative Methods in Business ,25 Block 4 Managerial Finance ,25 Global Sourcing ,25 Entrepreneurship ,25 Supply Chain Management ,25 Research for Business Administration 30 * * Block 5 International Business, including study trip ,25 Block 6 Business Ethics 42 1,5 1 Business Law ,25 Brand Management ,25 Managing International Cooperation ,25 Organizational Behavior & Academic Writing Skills II 42 1,5 1 Block 7 International Business & Diplomacy ,25 Corporate & Global Strategy ,25 Procurement & Sales in International Value Chains ,25 Research for Business Administration ,25 *total credits RBA Block 8 Thesis study, including Company project All Blocks MSc Master s Program Global Citizenship 72 2,5 2 Fit for Management 42 1,5 1 Management Communication Skills 42 1,5 1 Foundation for Career Management 42 1,5 1 Reaching the TOP 42 1,5 1 Program of Excellence (optional) Total IM

4 Study ECTS GPA credits MSc in Marketing Management hours MSc Master s Program Block 3 Marketing Implementation ,25 International Economic Environment ,25 Managerial Accounting ,25 Statistics & Quantitative Methods in Business ,25 Block 4 Managerial Finance ,25 Marketing Channels & Retailing ,25 Entrepreneurship ,25 Supply Chain Management ,25 Research for Business Administration 30 * * Block 5 International Business, including study trip ,25 Block 6 Business Ethics 42 1,5 1 Business Law ,25 Brand Management ,25 Innovation & New Product Development ,25 Organizational Behavior & Academic Writing Skills II 42 1,5 1 Block 7 International Marketing & Consumer Behavior ,25 Marketing Intelligence ,25 Procurement & Sales in International Value Chains ,25 Research for Business Administration ,25 *total credits RBA Block 8 Thesis study, including Company project All Blocks MSc Master s Program Global Citizenship 72 2,5 2 Management Communication Skills 42 1,5 1 Foundation for Career Management 42 1,5 1 Reaching the TOP 42 1,5 1 Program of Excellence (optional) Total MM

5 Study ECTS GPA credits MSc in Financial Management hours MSc Master s Program Block 3 Corporate Finance ,25 International Economic Environment ,25 Managerial Accounting ,25 Statistics & Quantitative Methods in Business ,25 Block 4 Mergers, Acquisitions & Private Equity ,25 Financial Reporting ,25 Entrepreneurship ,25 Supply Chain Management ,25 Research for Business Administration 30 * * Block 5 International Business, including study trip ,25 Block 6 Business Ethics 42 1,5 1 Business Law ,25 International Money & Finance ,25 Asset Management ,25 Management Control 42 1,5 1 Block 7 Financial Statement Analysis ,25 Bank Financial Management ,25 Treasury Management ,25 Research for Business Administration ,25 *total credits RBA Block 8 Thesis study, including Company project All Blocks MSc Master s Program Global Citizenship 72 2,5 2 Management Communication Skills 42 1,5 1 Foundation for Career Management 42 1,5 1 Reaching the TOP 42 1,5 1 Program of Excellence (optional) Total FM

6 Article 0 Admission and Exemptions 0.1 Obtaining satisfactory results in all courses of the MSc Pre-Master s Program is a pre-requisite for entering the MSc Master s Program. Students failing more than one course of the MSc Pre-Master s Program have to leave the MSc Master s Program. Students failing a single course of the MSc Pre- Master s Program can apply for a conditional acceptance. Full acceptance to the MSc Master s Program will be granted upon successful completion of the failed course at the next available alternative. Students wishing to make use of this opportunity should file an official request with the Exam Committee. If the request is granted, the student should also meet all ensuing financial requirements. Program Management will determine the fee for the course and schedule the alternative course. 0.2 If successful completion of the MSc Pre-Master s Program cannot be determined due to extenuating circumstances, the student is allowed to participate in the MSc Master s Program pending the result of these circumstances, unless the Exam Committee decides otherwise. 0.3 Should a student not have submitted certified copies of diplomas and transcripts of a bona fide Bachelor or Master degree before the start of the MSc Master s Program, the student will not be granted permission to enter the MSc Master s Program, unless the Exam Committee decides otherwise after an official request is submitted by the student. 0.4 An admission to a track in the MSc Master s Program is decided by the Program Director on the basis of published criteria. The MSc Master s Program tracks offered are: International Management: no additional criteria Marketing Management: no additional criteria Financial Management: a grade of at least 7.0 (not rounded) for the individual final exam of the following Pre-Master s courses: - Financial Accounting. - Managerial Economics. - Foundation of Finance. - Statistics and Quantitative Methods for Business I Students who apply for Financial Management and achieve a grade between 5,50 and 6,99 for the above mentioned final exam, are given the opportunity to retake the final exam to improve their grade. Students wishing to make use of this opportunity should file an official request with Program Management no later than three days before the scheduled date of the retake exam. The grade of this voluntary retake will not be listed on the individual grade list. 0.5 Program Management may grant financial exemptions for courses in the MSc Pre-Master s Program which were successfully completed at the graduate level at previous universities (academic Bachelor s and/or Master s). Requests for financial exemptions must be submitted to Program Management at least - 6 -

7 one week before the start of the particular course. In case the financial exemption is granted the student doesn t have to pay that course. However it is no exemption for the course, because the student still needs to pass the course to show that the student indeed has sufficient knowledge about that course. Financial exemptions may be granted on the basis of a comparison between the courses of the MSc Pre-Master s Program and the student s earlier acquired skills and knowledge. Financial exemptions are not possible in the MSc Master s Program. 0.6 Students with good study results in the MSc Master s Program can apply to be selected for the Program of Excellence. This program is not a part of the regular MSc Master s Program. Students who fulfill all requirements in relation to the Program of Excellence will be granted upon graduation an additional certificate. The requirements are mentioned in the course outline of the Program of Excellence. Article 1 Assignments 1.1 All Program course work must be completed in English. 1.2 Course work, assignments etc. must be submitted according to the instructions of the Instructor. Late submission of any course work and/or assignments will be penalized at the discretion of the Instructor. The course outline should also clearly state what the penalty is. A request for late submission must be made to the Instructor (with a copy to Program Management) prior to the due date. Article 2 Attendance One of Nyenrode s teaching objectives is its experienced-based education, which has its foundations in a mix of sound academic teaching and in-depth class discussions. To ensure the learning objective is met, students are expected to attend all scheduled classes and to participate actively in discussions. 2.1 Attendance is not mandatory. However, Instructors have the authority to make certain classes mandatory (e.g. guest lectures, case discussions, forums). Which classes are obligatory should be mentioned clearly in the course outline. The course outline should also clearly state what the penalty is for students who, without any valid reason (to be determined by Program Management) do not attend an obligatory class. 2.2 If a student is unable to attend an obligatory class due to an emergency or serious illness, he/she should inform both Program Management and the relevant Instructor (preferably) before class. 2.3 Any violation of these rules will be considered as academic misconduct. See Article

8 Article 3 MSc Thesis 3.1 Rules and regulations pertaining to MSc Theses are outlined in the MSc Thesis Guidelines reader issued by MSc Program Management. MSc Thesis Guidelines should be regarded as an addendum to the MSc Rules and Regulations and are thus legally binding. Article 4 Graduation and distinction Cum Laude 4.1 Once the student has met all requirements as set forth in these rules and regulations, he/she will be eligible to receive the degree of the MSc Program, provided he/she has fulfilled all his/her financial and other obligations to Nyenrode Business Universiteit. 4.2 Degrees will be granted on Graduation Day of the MSc Program. Program Management will set this date. If the student has not met all the requirements by this date, the degree will be granted as soon as the requirements have been met. 4.3 In order to graduate with distinction (cum laude), the student has to meet the following criteria: a minimum of 7.00 for every course of the MSc Master s Program; and a final grade for the Thesis of at least 8.00; and a weighted average overall grade of at least 8.00 in all courses of the MSc Master s Program. The average overall grade is calculated on the basis of the credits used for calculating the Grade Point Average

9 CHAPTER 2 Article 5 EXAMS General Degree Programs Exam regulations 5.1 In exceptional circumstances (for example a physical handicap) the Exam Committee may, following a request by the student concerned, decide whether the student may take the exam in another appropriate form or manner. 5.2 Students expressing to be dyslexic need to have this established by means of an official test. This should be done by an institute appointed by Nyenrode. In case needed, the information regarding this test will be distributed after formal acceptance. Students are required to cover their own costs for this test. The Exam Committee, in consultation with Program Management, may grant students additional time for written tests, if the test confirms dyslexia. 5.3 When an exam is conducted orally, Program Management can appoint a second examiner. Only one candidate can be assessed at the same time, unless the Exam Committee decides otherwise. The oral exam must be tape recorded. 5.4 In the case of an oral exam, the examiner concerned will inform the student of the grade no later than one day after the exam. 5.5 The Exam Committee, in consultation with the Instructor, reserves the right to adjust grades up to the graduation of the student. 5.6 As proof that the Degree Program has been successfully completed, a diploma is granted by the Exam Committee on behalf of the Executive Board. The courses, which the degree covers, will be listed on an academic transcript. 5.7 Successful completion of the Program must occur during the allotted time. The Exam Committee is authorized to extend this duration should this prove necessary. Article 6 MSc Exam regulations, Composition and Retakes 6.1 Results of written tests and other components making up the final grade will be published within a period of three weeks after the final exam has taken place. If assignments are handed in after the final exams took place, grades for that component will be published three weeks after the assignments have been handed in. The exception to the above rule applies to the results of the end of the MSc Pre-Master s Program. The results of block 2 must be known at least three days before the retake of the course in question. The results of the retake exams of block 1 and 2 must be know before Christmas Holidays

10 Any deviation from the above mentioned periods requires the express consent of Program Management. 6.2 Students are allowed to inspect all course components making up the overall grade of a course (cases, midterms, exams etc.), within a period of four weeks of publication of the exam results, on the date/time set by Program Management. A sample of possible answers of the written exam will be available. In special circumstances this deadline may be extended or shortened by the Exam Committee. Exam reviews will take place at Nyenrode Business Universiteit. 6.3 In the MSc Pre-Master s as well in the Master s Program, the final exam that is taken at the end of a course should be individual and at least 50% of the whole course grade. Other course components, like team or individual assignments (such as papers and reports), presentations, class room attendance and performance, etc. should account for the remaining percentage of the whole course grade. If the requirements towards the other course components are not fulfilled, the course will be considered as a course failed. Program Management reserves the right to decide on any changes or exceptions to the above in consultation with the Course Coordinator and the Exam Committee. The Exam Committee reserves the right to decide on any changes to the weighting of exams and/or other assessment components of the whole course grade, as well as the right to change the type and number of components during the Program. 6.4 In the Pre-Master s and the Master s Program, the final exam and whole course threshold grade is 5.50 before rounding. If a student receives a final exam or whole course grade below the threshold grade then the course examination requirements have not been met. For any other assessment component a student may receive a grade lower than 5.50 and still pass a Pre-Master s or Master s course, provided that the final exam and whole course grade is 5.50 before rounding, or higher, as stipulated above. The exception to the above rule applies to the grading of the MSc Thesis, for which the threshold of the whole grade is 6.00 before rounding. The rules and regulations pertaining to the grading of the MSc Theses are outlined in the MSc Thesis Guidelines reader issued by MSc Program Management. MSc Thesis Guidelines should be regarded as an addendum to the MSc Rules and Regulations and are thus legally binding. 6.5 If a student does not meet the threshold grade for the final exam or his/her whole course grade is insufficient, a student will only be offered one opportunity to retake the final exam

11 In the case the final exam is an assignment (such as papers and reports) a new assignment will be handed out by the instructor. Absence during both the final and the retake exam will be considered as a failed course. 6.6 If, following the retake of the final exam, the whole course grade remains insufficient, the Exam Committee will nominate an examiner to carry out a final investigation into the knowledge and understanding of the student with regard to the course in question. All grades previously obtained for the course in question will be rendered void. This overall exam will cover all course material. Any student passing his/her overall exam will receive an overall course grade of no more than In accordance with Nyenrode s teaching philosophy, this final investigation is only offered to students who have completed all other course components which make up the final grade (group paper, individual paper, cases, etc.). Students must have completed the final and/or retake exam before being allowed to participate in the overall exam, unless unique circumstances dictate otherwise. 6.7 If a student is unable to participate in a final exam or a retake, there will be no second attempt. If a student is unable to participate in an overall exam, the reason thereof must be reported in writing to Program Management in advance. In case of extenuating circumstances the Exam Committee may decide to allow the student a second attempt. Illness is not automatically considered to be an extenuating circumstance. If a student fails to notify Program Management prior to the exam, a request for a second attempt will not be taken into consideration, unless the student can prove that he/she was unable to inform Program Management prior to the exam. 6.8 A student who failed a maximum of two courses in the MSc Master s Program may request permission from the Exam Committee to take the course(s), and all related exams and course assignments, in the Program which follows. This rule applies only to courses of the MSc Master s Program. If the request is granted, the student has to enroll at the university and meet all ensuing financial requirements and responsibilities. Program Management will determine the fee for the course. 6.9 Should the course referred to in Article 6.8 no longer be part of the MSc Master s Program, Program Management will provide an alternative course of study and examination thereof The student is given the opportunity to re-sit written final exams in the MSc Master s Program even though the final grade for the course was a pass. In such cases the grade of the retake will replace the grade given for the final exam when the revised whole course grade is being calculated. No exceptions will be made in extenuating circumstances. Students wishing to make use of this opportunity should file an official request with Program Management no

12 later than a week before the scheduled date of the retake exam for the course in question. In the case the final exam is an individual assignment (such as papers and reports) a new assignment will be handed out by the instructor on request of the student. Students wishing to make use of a re-sit of an assignment should file an official request with Program Management and contact the instructor for a new assignment no later than four weeks before the scheduled deadline of the retake assignment for the course in question. This rule does not apply to the Thesis and to group assignments which are considered as a final exam If, due to extenuating circumstances, a student is unable to complete the Program within the time allotted, his/her grades of completed courses will retain there validity for three years after the graduation date of the Program in question

13 CHAPTER 3 Article 7 Grading GRADING 7.1 Nyenrode Business Universiteit employs a 0-10 grading scale in which 10 is the maximum score. 7.2 Whole course grades are expressed in whole numbers, except for the Program component Thesis. Any rounding-off required is done as follows:.50 and above is rounded up to the next highest whole number..49 and below is rounded down to the next lowest whole number. (For more details on the Thesis grading: see the Project Thesis Guidelines). 7.3 For international transcript purposes, whole course non-rounded grades awarded at Nyenrode Business Universiteit are converted to letter grades in accordance with the following table: = A = C = A = C = A = D = B = D = B = D = B- < 4.0 = F = C+ Any rounding-off to one decimal point is done as follows for grades between 10.0 and 4.0:.45 (.450) and.95 (.950) and above are rounded up by one decimal point to the next highest number with one decimal point (.5 or.0).44 (.449) and.94 (.949) and below are rounded down by one decimal point to the next lowest number with one decimal point (.4 or.9) All grades below are rounded down and converted to the letter grade F. These letter grades are weighted according to the number of GPA (Grade Point Average) credits allotted to each course, and converted to a 4.0 scale using the following table: A+ = 4.0 C = 2.0 A = 4.0 C- = 1.7 A- = 3.7 D+ = 1.3 B+ = 3.3 D = 1.0 B = 3.0 D- = 0.7 B- = 2.7 F = 0 C+ =

14 CHAPTER 4 ACADEMIC CONDUCT Introduction Students at Nyenrode Business Universiteit are expected to maintain the highest standards of academic conduct. Activities that have the effect or intention of interfering with education, pursuit of knowledge, or fair evaluation of a student s performance are prohibited. Article 8 Report writing, consultation and collaboration 8.1 Unless stated otherwise, all assignments have to meet the Nyenrode Guidelines for Report Writing and Bibliographic Descriptions. 8.2 Unless stated otherwise, all individual assignments within the Programs are to be completed by the individual student. Consultation with other students on any assessable work is not allowed without the express permission of the relevant course supervisor or Instructor. 8.3 Study groups are composed by Program Management or by the Instructor(s) of each specific course. In the event of group assignments, it is the responsibility of each individual student and of the study group as a rule to ensure that all members of the group meet their responsibilities. 8.4 Unless stated otherwise, all group assignments within the Programs are to be completed by the members of the group. Consultation with other students on any assessable work is not allowed without the express permission of the relevant course supervisor or Instructor. 8.5 If a student fails to meet his/her responsibilities and the study group has reminded the student of his/her failings, the other students in the group have the right to approach the Instructor and Program Management to discuss the situation. The Instructor, in consultation with Program Management, has the right to remove the student who fails to meet his/her responsibility from the group. Students do not have the right to exclude a fellow student from their study group. The Exam Committee, in consultation with the Instructor, will determine the consequences for this student. 8.6 Students failing to meet his/her responsibilities during group work more then twice will be closely monitored by Program Management. Program Management, in consultation with the Exam Committee, has the right to exclude the student who fails to meet his/her responsibility from group work. In those cases students are obliged to make assignments alone in order to pass a course. 8.7 Any violation of these rules will be considered as academic misconduct. See Article

15 Article 9 Conduct during exams 9.1 Students are required to have their student ID as well as their passport or drivers license with them during the exam. 9.2 If the use of books, dictionaries, lecture notes etc. is allowed during an exam, the Instructor concerned will announce this in advance. It is prohibited to add any information to a book, unless the Instructor decides otherwise. Either the Instructor or proctor may inspect books and calculators before, during, or after any particular exam. The exchange of dictionaries, books or any other reference-materials during an exam is not allowed. 9.3 Bags, coats, cases, communication and electronic devices (excluding calculators) should be left in the dressing room of the Sports Hall or at the entrance of an exam room. Student must empty pockets of all personal items, which are then placed in a secured area. Students may be asked to empty pockets upon request of the Proctor or Instructor. 9.4 If the Instructor concerned allows calculators for exam purposes, only the use of the non programmable calculator, handed out at the beginning of the Program, is permitted. 9.5 Students may not start the exam until all students are seated and the proctor announces the start of the exam. 9.6 During the exam, students are not allowed to purchase food and/or beverages from the vending machines in the corridor. 9.7 During the exam, students are only allowed to visit the bathroom once. Should a student need to go to the bathroom, he/she must register this at the proctor. Only one student at a time will be allowed to visit the bathroom. 9.8 Students may arrive no later than half an hour after the start of the exam. Students arriving after this time may be excluded from participating in the exam. No students are permitted to leave the exam until half an hour after the start of the exam. 9.9 All materials (including notes and drafts) should be handed in at the end of the exam Students are obliged to follow the instructions of the proctors Any violation of these rules will be considered as academic misconduct. See Article

16 Article 10 Academic misconduct 10.1 Activities that have the effect or intention of interfering with education, pursuit of knowledge, or fair evaluation of a student s performance are prohibited. An examinee who, through deception or negligence, makes it entirely or partly impossible for the examiner to correctly assess a students knowledge, insight and skills, is violating the standards of academic conduct. Course assignments will normally be checked by anti-plagiarism software Measures to be taken against violators of the standards of academic conduct are at the discretion of the Exam Committee. Possible measures include a warning, a reprimand, a deduction of points from the final score, or further participation in the test or assignment being denied. In the case of serious and/or repeated academic misconduct, The Executive Board, in consultation with the Exam Committee or those acting on its behalf, may take the decision to remove the examinee from the course/program in question In cases where the discovery of academic misconduct does not occur until after the test or assignment has taken place, the Exam Committee or those acting on its behalf, may still decide to take measures as given in Article Before a decision is made, the examinee will receive the opportunity to be heard by the Exam Committee The Exam Committee involved is responsible for informing the examinee, in writing, of the measures taken. Examples of academic misconduct include but are not limited to the following definitions: A. Cheating: using or attempting to use unauthorized assistance, material, or study aids in examinations or other academic work. Example: using a cheat sheet in a quiz or exam, altering a graded exam and resubmitting it for a better grade, etc. B. Plagiarism: using the ideas, data, or language of another without specific or proper acknowledgment. Example: copying another person s paper, article, or computer work and submitting it for an assignment, cloning someone else s ideas without attribution, failing to use quotation marks where appropriate, etc. To avoid plagiarizing, you must give credit whenever you use: Another person s idea, opinion, or theory Any facts, statistics, graphs, drawings any pieces of information that are not common knowledge Quotations of another s person s actual spoken or written words Paraphrase of another person s spoken or written words

17 C. Fabrication: submitting contrived or altered information in any academic exercise. Example: making up data for an experiment, fudging data, citing nonexistent articles, contriving sources, etc. D. Multiple submission: submitting, without prior permission, any work submitted to fulfill another academic requirement. E. Misrepresentation of academic records: misrepresenting or tampering with or attempting to tamper with any portion of a student s transcripts or academic record, either before or after coming to Nyenrode Business Universiteit. Example: forging a change of grade slip, tampering with computer records, falsifying academic information on one s resume, etc. F. Facilitating academic dishonesty: knowingly helping or attempting to help another violate any standards of academic conduct. Example: working together on a take-home exam, etc. G. Unfair advantage: attempting to gain unauthorized advantage over fellow students in an academic exercise. Example: gaining or providing unauthorized access to examination materials, obstructing or interfering with another student s efforts in an academic exercise, lying about a need for an extension for an exam or paper, continuing to write even when time is up during an exam, destroying or keeping library materials for one s own use, etc. CHAPTER 5 Article 11 FINAL CONDITIONS Final conditions 11.1 If required, the Executive Board will determine amendments to the rules and regulations after consultation with Program Management and the Exam Committee Changes affecting enrolled students can only be implemented if it can be reasonably assumed that the students interests will not be harmed by the said changes A copy of these regulations, together with any amendments made by the Exam Committee or Program Management, is available to all students and can be obtained from the Program Administration In cases not covered by these rules and regulations, the Exam Committee, in consultation with the (Associate) Dean, has the authority to make a final decision in exam matters. In cases not covered by these rules and regulations, the (Associate) Dean, in consultation with the Exam Committee, has the authority to make a final decision in educational matters

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